News: Finance

Daniel Dwyer Owner Dwyer Associates

Name: Daniel Dwyer Title: Owner Company: Dwyer Associates Location: 128 State St., Ste. 300, Augusta, ME 04330 Birthplace and year: Jackman, Me., 1953 Family: Wife, Mary Jean; son, Forrest College: University of Maine, BA in History and Political Science First job outside of appraisal: Researcher for Maine attorney general's office First job in appraisal or allied field: Fee appraiser for the Maine Bureau of Taxation What do you do now and what are you planning for the future? We are a commercial based appraisal firm. We perform varied appraisals, expert testimony, do conservation easements. Hobbies: Time with family, skiing, canoeing, mountain biking Favorite book: "Buddha" by Deepak Chopra Favorite movie: "The Matrix" Person you most admire (outside of family): Norman Goslin Key to success: Perseverance If you had to choose another vocation what would it be? Investment broker
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Columns and Thought Leadership
Reverse exchanges and the challenges of a competitive real estate market - by Michele Fitzpatrick

Reverse exchanges and the challenges of a competitive real estate market - by Michele Fitzpatrick

Our current, highly competitive real estate market poses specific challenges for investors who are considering taking advantage of a tax-deferred 1031 exchange. In this market, investors will have no problem selling their current property if priced properly, but they may find it difficult to find a suitable replacement property
Massachusetts real estate transfers  over $1 million face new tax rules as of November 1st - by Daniel Meyer

Massachusetts real estate transfers over $1 million face new tax rules as of November 1st - by Daniel Meyer

Attention to owners of real estate in the Commonwealth (and the title companies and other professionals who advise them), the Massachusetts Department of Revenue (the “DOR”) recently adopted a new “millionaire’s tax” via 830 CMR 62B.2.4
Are appraisers on the same page as the assessor? - by Richard Seman

Are appraisers on the same page as the assessor? - by Richard Seman

The purpose of this article is to address problematic or confusing issues which may help assessors and appraisers to better understand how to value real estate for tax assessment purposes.
The focus on price per s/f compared to the  comparable sales used in the appraisal report - by Dennis Chanski

The focus on price per s/f compared to the comparable sales used in the appraisal report - by Dennis Chanski

Over the past several weeks, I have completed appraisal assignments for private clients. Interestingly, after submitting these appraisals, I received several phone calls – not to question the value, content, or any incorrect information, but rather to discuss the price per s/f compared to the comparable sales used in the report.